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**//Table 2- Logit models
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clear
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use "\\file\UsersW$\wrr15\Home\My Documents\My Files\SAMANGI BANDARANAYAKE\REPLICATION PAPER\REVISION FOR CRITICAL FINANCE REVIEW\DATA AND CODE\FILES FOR REVISED PAPER\paper.dta", replace

drop if  DKD_First == 9
keep if year > 1979


**// Model II
logit DKD_First  GDPgrowth_lag Infl realintrate   depr tot ///
creditgrowth  moralhak   LegOrGer LegOrFre LegOrSca Africa Other  ///
LatinAmerica Ha, robust

**// Model II (with cluster robust standard errors)
logit DKD_First  GDPgrowth_lag Infl realintrate   depr tot ///
creditgrowth  moralhak   LegOrGer LegOrFre LegOrSca Africa Other  ///
LatinAmerica Ha, vce(cluster country_id) 


**// Model III
logit DKD_First GDPgrowth_lag Infl realintrate   depr tot creditgrowth  ///
moralhak   LegOrGer LegOrFre LegOrSca Africa Other  LatinAmerica Ha ///
conav, robust 

**// Model III (with cluster robust standard errors)
logit DKD_First GDPgrowth_lag Infl realintrate   depr tot creditgrowth  ///
moralhak   LegOrGer LegOrFre LegOrSca Africa Other  LatinAmerica Ha ///
conav, vce(cluster country_id) 

estat classification


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